Flagship explainer

How PBF ENERGY INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$29.3B · 100%Cost of revenue$29.9B · 102%Gross profit−$571M · −2%Operating income−$54.3M · −0%Income before tax−$235M · −1%Income tax−$74.1M · −0%Net income−$159M · −1%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$29.3B100%
Cost of revenue$29.9B102%
−$571M−2%
−$54.3M−0%
Income before tax−$235M−1%
Income tax−$74.1M−0%
−$159M−1%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full PBF ENERGY INC. analysis at Buy Like Buffett